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gizmo_the_mogwai [7]
4 years ago
14

Malik deposited $1,050 in a savings account, and it earned $251.50 in simple interest after four year.S Find the interest rate o

n Malik's savings account
Mathematics
1 answer:
prohojiy [21]4 years ago
8 0

Answer:

if it's true simple interest then each year's interest is the same so interest for one year is a quarter of 241.50 which give you the rate but if each year's interest in left in the account the result will be different , it is a really poorly worded question



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